Tags: Adani Group

Here is what we know about Adani Green Energy’s largest solar poject

Adani Green Energy Limited (AGEL) has bagged first of its kind manufacturing linked solar agreement from the Solar Energy Corporation of India (SECI). Here we bring you few things that you should know about the largest solar project. Adani Green Energy Limited will develop 8 GW of solar projects along with a commitment that will […]

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Here is what billionaire Gautam Adani sees COVID 19 as

Billionaire Gautam Adani recently said COVID-19 had an immediate economic impact but the pandemic presents an opportunity to design a new and faster transition to a low-carbon future as he expects the price of solar modules to drop further.  Adani in a Linkedin post said the urgency of a green revolution in the energy sector […]

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Adani Green Energy to complete 1300 MW hybrid projects by 2021: Report

Adani Green Energy is reportedly planning to complete 1,300 megawatt (MW) of hybrid projects by calendar year (CY) 2021 in an analyst call on Monday. Jayant Parimal, Chief Executive Officer, Adani Green Energy speaking to ET said “We have signed 1,300 MW of hybrid projects, out of this, 600 MW was with Solar Energy Corporation […]

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Adani Green Energy Posts Rs 55 crore net profit in Q4

Adani Green Energy on Monday posted a consolidated net profit of Rs 55.64 crore for the March 2020 quarter, helped by lower expenses. The clean energy firm had logged a consolidated net loss of Rs 94.08 crore in the corresponding quarter a year ago, a company statement said. Its total income stood at Rs 718.66 […]

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Shares of Adani Green Energy jumps 5 per cent

Adani Green Energy shares jump 5 pc on Wednesday after Total SA said it has invested Rs 3,707 crore in a solar energy joint venture with the domestic firm. The scrip jumped 4.90 per cent to Rs 166.80 on the BSE. On the NSE, it gained 4.97 per cent to Rs 166.85. Total SA on […]

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Total invests Rs 3.7K cr to form JV with Adani Group

Total SA on Tuesday said it has invested Rs 3,707 crore to set up 50:50 joint venture with Adani Green Energy Ltd (AGEL) through its step-down subsidiary. The company in a statement said the JV houses 2.148 GW operating solar projects across 11 states in India. The portfolio includes the Restricted Group 1 & 2 […]

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JV between Adani and Total S.A approved by CCI

The formation of joint venture between Adani Green Energy Ltd and Total S.A. was approved by Fair trade regulator Competition Commission of India (CCI) on Wednesday. As per a combination notice filed with the regulator, the proposed combination involves two steps. Firstly, a joint venture will be incorporated by Adani Green Energy and, subsequently, the […]

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Adani Solar achieves solar module production of 1 GW in FY 19-20

Home grown solar module manufacturer and EPC player -Adani Solar has announced that it has achieved module production of 1 GW in FY 19-20. Gautam Adani, Chairman, Adani Group took on social media platform to announce the achievement and congratulate the team. He said “Solar manufacturing is not just one of the sunshine sectors at […]

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Total Expands Partnership with Adani Green, Acquires 50 percent of a Solar Portfolio

Total has announced expansion of its partnership with Adani Group as  part of its strategy to develop renewable energies and contribute to the growth of solar power generation in the country.  The company in a statement said the Indian government has a strong policy to support the renewable energy growth. The country’s capacity should increase […]

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